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Problems Related to Measuring and Interpreting Indicators of the Standard of Living

Received: 30 November 2014     Accepted: 12 January 2015     Published: 21 January 2015
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Abstract

The paper deals with different approaches to measuring living standards. Attention is drawn to income and expenditures recorded in selected countries of the European Union (the United Kingdom, Sweden, Germany, Spain and the Czech Republic). The basic model of linear regression analysis is used to present the curve of the income and expense situation of households. In order to reveal more specific details, analyses based on income quintiles are carried out. The European methodologies EU SILC and COICOP have been chosen as the main source of data. The period of interest was set for years 2005-2013. The article draws attention to ambiguity of commonly used objective indicators of the standard of living while measuring it.

Published in Journal of World Economic Research (Volume 3, Issue 6-1)

This article belongs to the Special Issue Issues and Challenges of the Financial and Economic Crisis Throughout the World

DOI 10.11648/j.jwer.s.2014030601.12
Page(s) 9-14
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2015. Published by Science Publishing Group

Keywords

Living Conditions, Poverty, Measuring Income Inequality, Measuring Poverty,Income and Expenses of Households

References
[1] The Economist, “Na světě se šíří ekonomická nerovnost: A nemusí to tak být“ [online]. 2012. Available from: http://www.blisty.cz/art/65542.html
[2] W. Boyes, and A. Melvin, Economics. Nelson Education, USA, 2010. 872 p.
[3] R. Stojanov, M. Jamborová, L. Dušková, and K. Kavanová, “Development Assistance in the light of Practice” Palacký University, Czech Republic, 2008.
[4] G. Klimánková, “Definici chudoby splňuje v Česku 8 % populace” [online]. 2008. Available from http://www.podnikatel.cz
[5] J. Turčínková, J. Stávková, D. Skálová, and N. Birčiaková, “Changes in Consumer Behavior in the EU after its Enlargement and due to the Economic Crisis” In Recent Advances in Economics, Management and Marketing., Cambridge, MA, USA: WSEAS Press, 2014, pp. 78-85.
[6] E. Karpová, “Veřejná zadluženost zemí střední a východní Evropy. “ In Acta Oeconomica Pragensia, 2011. vol. 19, n. 6, pp. 21-38.
[7] R. Connolly, “Developments in the Economies of Member States Outside the Eurozone” In Special Issue: JCMS Annual Review of the European Union in 2011, 2012, vol 50, pp. 195-209.
[8] V. Ždárek, ”Reakce EU na finanční krizi a problémyekonomické koordinace”. Ekonomické listy CES VŠEM, 2011, n. 2, pp. 33-49.
[9] Eurostat, “Figures for the future: 20 years of sustainable development in Europe? A guide for citizens”[online]. 2012. Available from http://epp.eurostat.ec.europa.eu/ cache/ITY_ OFFPUB/KS-32-12-152/EN/KS-32-12- 152-EN.PDF
[10] J. Turčínková, J. Stávková, and N. Birčiaková, “Material deprivation of households in the Czech Republic in the comparison with selected EU countries based on EU-SILC income statistics” 2th Annual International conference 2012, Proceeding, vol. 2, n. 1, pp. 182-187.
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  • APA Style

    Naďa Birčiaková, Jana Stávková, Jana Turčínková. (2015). Problems Related to Measuring and Interpreting Indicators of the Standard of Living. Journal of World Economic Research, 3(6-1), 9-14. https://doi.org/10.11648/j.jwer.s.2014030601.12

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    ACS Style

    Naďa Birčiaková; Jana Stávková; Jana Turčínková. Problems Related to Measuring and Interpreting Indicators of the Standard of Living. J. World Econ. Res. 2015, 3(6-1), 9-14. doi: 10.11648/j.jwer.s.2014030601.12

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    AMA Style

    Naďa Birčiaková, Jana Stávková, Jana Turčínková. Problems Related to Measuring and Interpreting Indicators of the Standard of Living. J World Econ Res. 2015;3(6-1):9-14. doi: 10.11648/j.jwer.s.2014030601.12

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  • @article{10.11648/j.jwer.s.2014030601.12,
      author = {Naďa Birčiaková and Jana Stávková and Jana Turčínková},
      title = {Problems Related to Measuring and Interpreting Indicators of the Standard of Living},
      journal = {Journal of World Economic Research},
      volume = {3},
      number = {6-1},
      pages = {9-14},
      doi = {10.11648/j.jwer.s.2014030601.12},
      url = {https://doi.org/10.11648/j.jwer.s.2014030601.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.jwer.s.2014030601.12},
      abstract = {The paper deals with different approaches to measuring living standards. Attention is drawn to income and expenditures recorded in selected countries of the European Union (the United Kingdom, Sweden, Germany, Spain and the Czech Republic). The basic model of linear regression analysis is used to present the curve of the income and expense situation of households. In order to reveal more specific details, analyses based on income quintiles are carried out. The European methodologies EU SILC and COICOP have been chosen as the main source of data. The period of interest was set for years 2005-2013. The article draws attention to ambiguity of commonly used objective indicators of the standard of living while measuring it.},
     year = {2015}
    }
    

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    AU  - Jana Stávková
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    AB  - The paper deals with different approaches to measuring living standards. Attention is drawn to income and expenditures recorded in selected countries of the European Union (the United Kingdom, Sweden, Germany, Spain and the Czech Republic). The basic model of linear regression analysis is used to present the curve of the income and expense situation of households. In order to reveal more specific details, analyses based on income quintiles are carried out. The European methodologies EU SILC and COICOP have been chosen as the main source of data. The period of interest was set for years 2005-2013. The article draws attention to ambiguity of commonly used objective indicators of the standard of living while measuring it.
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Author Information
  • Department of Marketing and Trade, Mendel University in Brno, Brno, Czech Republic

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